Credit Bureau: Towards a new generation of services
Translated version of the interview with Sidimohamed Abouchikhi, CEO of Creditinfo Morocco.
Image credit: Finance News.
Interview by Momar Diao
Assessing credit risk of SME’s and how credit scoring can transform SME’s
Paul Randall was recently at the Kafalah SME Financing Conference in Riyadh, Saudi Arabia, and he tackled these 2 questions during the panel discussion.
What are the specific challenges of assessing credit risk of SMEs as compared to larger firms and how can fintech can help lenders address those?
Paul Randall at the Kafalah SME Financing Conference 2019
Kafalah SME Financing Conference was held in Riyadh, Saudi Arabia where they discussed current financing for SME’s in Saudi Arabia,how to build relationships between private and public FIs, government agencies and legislative bodies that support financing, current and future finance opportunities for specific business sectors and how to increase awareness of the most current international practices for financing SMEs.
Creditinfo expands regionally, stores information in Jamaica
In his interview with The Gleaner, CEO of Creditinfo Jamaica – Craig Stephen highlighted on the regional success and the goal to venture into other caribbean markets in the near future.
When challenge meets opportunity: Meet Ruby, a Creditinfo success story
The true spirit of an entrepreneur comes down to passion and determination. At Creditinfo, we meet entrepreneurs every day, and it’s our goal to support these budding business men and women with the appropriate tools, knowledge and access to finance.
How to use your credit score to negotiate better terms with your financial institution
Last week, a leading TV station in Kenya – Citizen TV did a story on Digital Lending Apps and their impact in Kenya. There has been a sharp rise in the number of mobile lending apps in the country and the worry is about how people are accumulating debt and borrowing from the various apps simultaneously and defaulting therefore affecting their credit score.
Creditinfo Group Expands Middle Eastern Presence with New Regional Office
PRESS RELEASE
Creditinfo opens new facility in Muscat, Oman to enhance services offered to customers in region
Muscat, Oman, 12 March 2019 – Today, Creditinfo Group, a leading provider of global credit information and fintech services, announces that it is expanding its footprint in the Middle East with the creation of Creditinfo Gulf, the organisation’s regional hub in Muscat, Oman. The new office will support current and prospective Creditinfo clients, with access to a wealth of global expertise, knowledge and technology to enhance the existing financial infrastructure in the region.
Creditinfo inks contract with Housing Finance Kenya
The Housing Finance Company in Kenya have introduced mobile lending this summer and chose to use Creditinfo’s Instant Decisions as the one and only decision-making tool. They chose an in-house installation back in June and then, after several weeks of consultancy and strategy design project, we have come together with the customer to the point where we have a very complex strategy with 3 different Credit Limit Allocation matrices, matching competition’s limit and limit allocation as a function of previously received loans. After successful pilot in July, August they opened it for a wider population, and just recently, in November, to the entire Kenyan population, through all channels – iOS, Android and USSD – and they had a big marketing campaign for USSD customers that had its apogees last week, starting November 18th 2018.
Creditinfo & Alternative Circle
Creditinfo Kenya has been instrumental in helping us build our mobile lending platform – Shika, which is a micro-lending app, through assisting us with building our credit rating technology that we use to score our users when giving out loans. They have been extremely helpful partners with a team that is committed, reliable and solution driven. We are glad to be associated with them.
— Kevin Mutiso, CEO Alternative Circle
Business Daily: Creditinfo – the "best man" at banking and fintech marriage
“Discussions about fintech taking over banking are becoming last year’s debate; the situation is now more nuanced. Some of the largest investors in fintech now are banks, and we are staring to see mainstream leaders acquire, adopt or develop some of the new technologies. ”
Article by Paul Randall, Executive Director at Creditinfo Decision Analytics; Steven Kunyiha, CEO of Creditinfo Kenya and Alexandra Aproyants, Senior Consultant at Creditinfo Decision Analytics.
Read more here.
